Prerequisites: ECON 002 or ECON 002H with a grade of “C-” or better
Description: Examines the determination of the equilibrium level of national income and its allocation among households, firms, and government. Develops theoretical models that describe how employment, production, and inflation are determined. Focuses on the impact of government policies, as well as the current developments on these issues.
Credit: Credit is awarded for only one of ECON 103 or ECON 105A.